Financials

Statement of Financial Position as of June 30, 2016 and 2015

 20162015
Total Liabilities & Net Assets$16,376,844$18,393,303
ASSETS
Cash and cash equivalents$218,624$363,103
Marketable securities (Notes 2 and 3)$16,155,929$18,030,200
Excise taxes receivable (Note 4)$2,291--
Total Assets$16,376,844$18,393,303
LIABILITIES
Accrued expenses$35,055$34,992
Excise taxes payable (Note 4)--$1,631
Deferred excise tax liability (Note 4)$6,733$42,580
Total Liabilities$41,788$79,203
NET ASSETS
Unrestricted$16,335,056$18,314,100
Total net assets$16,335,056$18,314,100